Form 468 Sample Clauses
The 'Form 468' clause designates the use of a specific standardized form, typically required for compliance, reporting, or documentation purposes within a contract or regulatory framework. In practice, this clause obligates one or both parties to complete and submit Form 468 at certain stages, such as upon the occurrence of a triggering event or as part of routine filings. By mandating the use of this form, the clause ensures consistency in information collection and helps streamline administrative processes, thereby reducing the risk of errors or omissions in required documentation.
Form 468. Within 45 days after the end of each fiscal year and at such other times as TeleSoft or Chase, may reasonably request, the Company shall deliver to TeleSoft or Chase, as the case may be, a written assessment, in form and substance reasonably satisfactory to them in order to permit them to file SBA Form 468, of the economic impact of their financing specifying the full-time equivalent jobs created or retained in connection with such investment and the impact of the financing on the Company's business in term of profits and on taxes paid by the Company and the employees. Upon request, the Company promptly (and in any event within 20 days of such request) will furnish to TeleSoft and Chase all information reasonably requested by them in order for them to comply with the requirements of 13 C.F.R. Section 107.620 or to prepare and file SBA Form 468 and any other information requested or required by the SBA or any other similar governmental agency asserting jurisdiction over such investor. The Company shall afford to representatives of the SBA reasonable access to the books, records, and properties of the Company and its subsidiaries in accordance with 13 C.F.R. Section 107.620(c). Any submission of any financial information under this paragraph shall include a certificate of the Company's president, chief executive officer, treasurer or chief financial officer.